Your update for Delaware Mortgage Loans as we finish the week, we see Delaware Mortgage rates repricing for the worse today.  Yesterday, I had anticipated a bounce off of technical support at the 200-Day Moving Average and a weaker than expected Retail Sales report this morning. This scenario played out exactly as predicted and it did cause Bond prices to improve upon the release of the Retail Sales report. However, bond prices have now given back the gains they made & have fallen below support at the 10-Day Moving Average. The 200-Day Moving Average may still act as a floor, but with this morning’s losses, I am recommending locking at this time because Delaware Mortgage Rates have re-priced for the worse and may reprice again at the end of the day.

If you would like to apply for a Mortgage Loan, you can APPLY ONLINE HERE, you can call John Thomas at 302-703-0727.

John R. Thomas – NMLS 38783

Certified Mortgage Planner – Primary Residential Mortgage, Inc.

302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office

248 E Chestnut Hill Rd, Newark, DE 19713